NEW YORK, Nov. 29, 2022 /PRNewswire/ — The defense logistics market report is a comprehensive research that provides in-depth qualitative and quantitative intelligence. Technavio’s analysts estimate a market share growth of USD 3.89 Billion from 2020 to 2025, at a CAGR of 2.03%. Technavio has extensively analyzed 15 major vendors including AECOM, Amentum Services Inc.,… Continue reading Defense Logistics Market: North America held a 35% share in 2021, Offline segment to grow at the highest rate – Technavio
Category: Automotive
Six Foreign Friends Unveil Amazing Jiangxi
NANCHANG, China, Nov. 29, 2022 /PRNewswire/ — Recently, a series of short videos on 6 foreigners’ working and studying experiences in China’s Jiangxi Province were posted by Xinhua News Agency to social media platforms like Facebook, Twitter and YouTube, arousing netizens’ interest and discussion about Jiangxi. Continue Reading Videos of foreign friends unveil amazing Jiangxi… Continue reading Six Foreign Friends Unveil Amazing Jiangxi
RaySearch Laboratories: Interim report July – September 2022
STOCKHOLM, Sweden., Nov. 29, 2022 /PRNewswire/ — THIRD QUARTER (JULY-SEPTEMBER 2022) Order intake SEK 219.1 M (127.9) Net sales SEK 210.9 M (136.4) Operating profit SEK 12.0 M (-26.6) Profit after tax SEK 10,1 M (-22.0) Profit per share before/after dilution SEK 0.29 M (-0.64) Cash flow SEK -48.0 M (-10.1) Order backlog SEK 1,715.2… Continue reading RaySearch Laboratories: Interim report July – September 2022
ELBIT SYSTEMS REPORTS THIRD QUARTER 2022 RESULTS
Backlog of orders at $14.7 billion; Revenues of $1.3 billion; Non-GAAP net income of $63 million; GAAP net income of $56 million; Non-GAAP net EPS of $1.40; GAAP net EPS of $1.26 HAIFA, Israel, Nov. 29, 2022 /PRNewswire/ — Elbit Systems Ltd. (“Elbit Systems” or the “Company”) (NASDAQ: ESLT) (TASE: ESLT), the international high technology company,… Continue reading ELBIT SYSTEMS REPORTS THIRD QUARTER 2022 RESULTS
Expedia Group Reveals Traveler Trends for 2023
Expedia research shows that streamed movies and TV shows are now the top sources of travel inspiration (40%), outpacing the influence of social media (31%). Photo: Expedia Group For the first time, Expedia Group unveiled a comprehensive view of traveler trends across Expedia, Hotels.com, Vrbo, and the travel industry in 2023. Sourced from the company’s first-party data, and from… Continue reading Expedia Group Reveals Traveler Trends for 2023
China’s SemiDrive raises $139m in Series B+ to speed up auto chip adoptionSemiDrive plans to use the proceeds to focus on R&D efforts.
China’s SemiDrive Technology has raised nearly 1 billion yuan ($138.9 million) in a Series B+ round of financing led by an SAIC Motor-backed investment fund to speed up the mass production and application of its automotive chips. SemiDrive, which counts Sequoia Capital China and Temasek-backed Vertex Ventures China among its early investors, secured fresh capital… Continue reading China’s SemiDrive raises $139m in Series B+ to speed up auto chip adoptionSemiDrive plans to use the proceeds to focus on R&D efforts.
India Digest: Ghodawat Consumer acquires Coolberg; Mankind buys Upakarma Ayurveda
Ghodawat Consumer Limited (GCL), the FMCG arm of Sanjay Ghodawat Group (SGG), has acquired non-alcoholic beverages maker Coolberg. In another development, Mankind Pharma has bought a majority stake in Upakarma Ayurveda Pvt Ltd for an undisclosed amount. Ghodawat Consumer acquires Coolberg Ghodawat Consumer Limited (GCL), the FMCG arm of Sanjay Ghodawat Group (SGG), has acquired… Continue reading India Digest: Ghodawat Consumer acquires Coolberg; Mankind buys Upakarma Ayurveda
People Digest: Amazon’s third business exit from India; VerSe Innovation, Hirect slash jobs
After shutting its food delivery and online learning businesses in India, Amazon is set to pull the shutters down on its wholesale distribution business in the country as well. Separately, startups VerSe Innovation and Hirect have fired 150 and 200 employees, respectively. Amazon shuts wholesale distribution business in India Amazon is shutting down its wholesale… Continue reading People Digest: Amazon’s third business exit from India; VerSe Innovation, Hirect slash jobs
India Digest: Accel selects 10 startups for 2nd cohort; Nexus leads Covvalent funding
Accel India has selected 10 startups as part of its second cohort of Atoms programme that was launched last year for pre-seed and seed stage companies. Separately, specialty chemicals platform Covvalent has raised $4.3 million in a funding round led by Nexus Venture Partners. Accel selects 10 startups for second cohort Venture capital firm Accel… Continue reading India Digest: Accel selects 10 startups for 2nd cohort; Nexus leads Covvalent funding
VW’s new boss Thomas Schäfer: our model line-up is not good enough – The Times
Everything about Volkswagen, Europe’s largest carmaker, is big. Really big. Its headquarters in Wolfsburg, Germany, is a mini city with vast production halls, topped with Lowry-style smokestacks. It even has its own railway station. But right now, the biggest thing of all about VW is the trouble it is in. In July, Herbert Diess —… Continue reading VW’s new boss Thomas Schäfer: our model line-up is not good enough – The Times